Bandhan Asset Allocation Fund -Conservative Plan

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on six return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
   1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
   2. Above Average Below the Top 25%: One return parameter of the Bandhan Asset Allocation Fund -Conservative Plan is above average but below the top 25% in the category, as shown below:
      
      • 1M Return %
   3. Below Average: Bandhan Asset Allocation Fund -Conservative Plan has five return parameters that are below average in the category, which are listed below:
      
      • 3Y Return %
      • 5Y Return %
      • 1Y Return %
      • 6M Return %
      • 3M Return %
2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For Bandhan Asset Allocation Fund -Conservative Plan, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
   1. Lowest 25%: two risk parameters in the lowest 25% in the category, which are listed below.
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 3.73 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 2.68 %.
   2. Below Average but Above the Lowest 25%: Bandhan Asset Allocation Fund -Conservative Plan does not have any risk parameters in the below average but above the lowest 25% of the category.
   3. Above Average: Bandhan Asset Allocation Fund -Conservative Plan does not have any risk parameters above average; which is a good sign.
3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated four risk-adjusted performance parameters of the fund.
   1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
   2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Bandhan Asset Allocation Fund -Conservative Plan has one risk-adjusted performance parameter of the fund that is in the this group of the category.
      • Treynor Ratio: Bandhan Asset Allocation Fund -Conservative Plan has a Treynor Ratio of 0.01 compared to the category average of -0.04.
   3. Below Average Risk Adjusted Performance Parameters: Bandhan Asset Allocation Fund -Conservative Plan has three risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Bandhan Asset Allocation Fund -Conservative Plan has a Sharpe Ratio of 0.07 compared to the category average of 0.47.
      • Sterling Ratio: Bandhan Asset Allocation Fund -Conservative Plan has a Sterling Ratio of 0.55 compared to the category average of 0.68.
      • Sortino Ratio: Bandhan Asset Allocation Fund -Conservative Plan has a Sortino Ratio of 0.04 compared to the category average of 0.26.

Date	Bandhan Asset Allocation Fund -Conservative Plan NAV Regular Growth	Bandhan Asset Allocation Fund -Conservative Plan NAV Direct Growth
07-03-2025	31.7215	33.9314
06-03-2025	31.7227	33.9322
05-03-2025	31.647	33.8506
04-03-2025	31.5511	33.7476
03-03-2025	31.5401	33.7353
28-02-2025	31.5173	33.7093
27-02-2025	31.649	33.8497
25-02-2025	31.6616	33.8621
24-02-2025	31.6752	33.8761
21-02-2025	31.7319	33.9351
20-02-2025	31.7762	33.982
18-02-2025	31.7244	33.9256
17-02-2025	31.7331	33.9343
14-02-2025	31.7286	33.9279
13-02-2025	31.7994	34.0031
12-02-2025	31.7968	33.9998
11-02-2025	31.8184	34.0223
10-02-2025	31.9389	34.1506
07-02-2025	32.0364	34.2533